Riverfront Cottage - Buying a home with as little down as possible 101

[AJ Wong]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $380,000
Cash invested: $2,950

Riverfront Cottage on acreage. Primary House Hack.

What made you interested in investing in this type of deal?

Location X 3

How did you find this deal and how did you negotiate it?

Real Estate Broker. Self Negotiated.

How did you finance this deal?

3% Down. 2.5% Seller concession. 2.5% RE Commission.

How did you add value to the deal?

Below market value.

What was the outcome?

Stoked.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Myself :)